Anglo Enjoying Best Run in Two Years as Metal Prices Jump: ChartBy
Anglo American Plc is up for seven straight days, its longest winning run in two years, as speculation China will announce measures to bolster growth sent copper to its highest in almost four months. Anglo, up 87 percent this year, fleshed out plans to slim its business, focusing on diamonds, platinum and copper, after a rout in commodities. It’s selling more than half its mines and exiting the coal and iron ore industries, where it’s less competitive.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.